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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2017
Jun. 26, 2016
Jul. 02, 2017
Jun. 26, 2016
Income Statement [Abstract]        
Net revenues $ 528,613 $ 473,553 $ 1,016,494 $ 898,446
Cost of goods sold 238,329 217,154 470,650 416,900
Gross profit 290,284 256,399 545,844 481,546
Selling, general and administrative expenses 158,934 142,983 322,903 279,331
Research and development expenses 20,278 15,472 38,105 27,825
Restructuring charges 870 (119) 13,815 9,849
Gain on sale of assets 0 (378) 0 (1,397)
Income from continuing operations before interest, loss on extinguishment of debt and taxes 110,202 98,441 171,021 165,938
Interest expense 19,894 11,907 37,620 25,691
Interest income (161) (129) (330) (209)
Loss on extinguishment of debt 11 19,261 5,593 19,261
Income from continuing operations before taxes 90,458 67,402 128,138 121,195
Taxes on income from continuing operations 12,095 8,007 9,426 10,620
Income from continuing operations 78,363 59,395 118,712 110,575
Operating income (loss) from discontinued operations (566) 6 (848) (376)
Benefit on income (loss) from discontinued operations (206) (187) (309) (257)
Income (loss) from discontinued operations (360) 193 (539) (119)
Net income 78,003 59,588 118,173 110,456
Less: Income from continuing operations attributable to noncontrolling interest 0 285 0 464
Net income attributable to common shareholders $ 78,003 $ 59,303 $ 118,173 $ 109,992
Basic:        
Income from continuing operations (in dollars per share) $ 1.74 $ 1.36 $ 2.64 $ 2.58
Income (loss) from discontinued operations (in dollars per share) (0.01) 0.00 (0.01) 0.00
Net income (in dollars per share) 1.73 1.36 2.63 2.58
Diluted:        
Income from continuing operations (in dollars per share) 1.67 1.25 2.54 2.29
Loss from discontinued operations (in dollars per share) 0.00 0.01 (0.01) 0.00
Net income (in dollars per share) 1.67 1.26 2.53 2.29
Dividends per share (in dollars per share) $ 0.34 $ 0.34 $ 0.68 $ 0.68
Weighted average common shares outstanding        
Basic (in shares) 44,996 43,549 44,945 42,598
Diluted (in shares) 46,818 47,246 46,716 48,014
Amounts attributable to common shareholders:        
Income from continuing operations, net of tax $ 78,363 $ 59,110 $ 118,712 $ 110,111
Income (loss) from discontinued operations, net of tax (360) 193 (539) (119)
Net income $ 78,003 $ 59,303 $ 118,173 $ 109,992